August 20, 2018
ENTITLEMENT OFFER AND GENERAL OFFER
Taylor Collison have been appointed Joint Lead Manager on the recently announced 1:4 Entitlement Offer and General Offer, both Offers will be at $1.12 per share.
The Offers are also at a discount to the estimated pre-tax NAV of $1.172 and the last sale price of $1.195.
The yield is expected to be in excess of 8% fully franked, based on three dividends in the coming 15 months.
Click here for a copy of the Prospectus for both offers.